On Monday, Verizon Communications ( NYSE:VZ ) released its first-quarter earnings report. The report indicated a 4% decline in earnings from the previous year, although the earnings still surpassed Wall Street's expectations. Verizon's stock price reacted positively due to the wireless service revenue exceeding expectations. The adjusted earnings per share for...
These Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics. As for every single chart, we can see the monthly candles respecting these s/r...
We received two signals for Verizon stock based on the closing price on February 2, 2024 indicating the stock will likely drop over the next 6-20 days. My SAG Gauge Conservative algorithm bearish signal has occurred 211 times. A bearish signal has successfully seen the stock drop below the signal closing price over the next 10 trading days 95.7% of the time. The...
Verizon Communications ( NYSE:VZ ) recently unveiled its fourth-quarter earnings report, showcasing a resilient performance despite a 9% dip in adjusted earnings to $1.08 per share. However, the company met Wall Street estimates, sparking a positive market response as VZ stock rose. The standout achievement was the robust growth in wireless subscriber additions,...
Verizon Communications (NYSE: NYSE:VZ ) has been a stalwart in the telecommunications industry, consistently attracting income-oriented investors due to its reliable dividends. However, recent performance indicates a struggle to keep pace with broader market indices. We'll explore the various factors influencing Verizon's stock, from management changes to the...
Key Takeaways: 1. The agreement between Norfolk International Terminal (NIT) and Verizon Business follows the successful deployment of a private 5G network at the neighboring Virginia International Terminal, another Port of Virginia property 2. The new network includes Verizon Push to Talk Plus, which is now available for use with the Verizon Private 5G Network...
Verizon is bullish on its 1D technical outlook (RSI = ) as it is on a continuous rise since the bottom a month ago. Using the 1D MA50 as Support, it even crossed over LH trendline of January and crossed over the 1D MA200 for the first time since April 22nd 2022. Despite this crossing, it has closed the last candles under it, which shows the short term, to say the...
If you haven`t sold VZ here: or here: Then analyzing the options chain and the chart patterns of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 32usd strike price in the money Puts with an expiration date of 2023-11-17, for a premium of approximately $1.14. If these options prove to be profitable prior to the...
On trading social media, Disney has been the target of moonboys for quite a while. For some reason, whenever a stock is in a landslide and doesn't go up, everyone gets it in their head that they're going to BUY THE CALLS and catch the next MOTHER OF ALL SHORT SQUEEZES. And this is because you want to gamble on a single day candle, which results in you blowing...
If you haven`t sold VZ here: Then analyzing the options chain and chart patterns of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 31usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $1.08. If these options prove to be profitable prior to the earnings release, I would...
Verizon Communications Inc. - 30d expiry - We look to Buy a break of 32.01 (stop at 30.01) We are trading at oversold extremes. This stock has recently been in the news headlines. In our opinion this stock is undervalued. A higher correction is expected. A break of bespoke resistance at 32, and the move higher is already underway. Our profit targets will...
On the 15 minute chart the trend started on June 2 (linear regression channel). There is a high probability of profit. A possible take profit level is 35.31 But do not forget about SL = 33.70 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelieveInTrading
On the hourly chart, the trend started on May 18 (linear regression channel). There is a high probability of profit. Possible take profit level is 37.29 But do not forget about SL = 35.71 Good luck! Regards, WeBelieveInTrading
If you haven sold VZ here: Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 37usd strike price Puts with an expiration date of 2023-5-19 for a premium of approximately $0.84 If these options prove to be profitable prior to the earnings release, I would sell at least half of...
I have anchored the FIB from the breakout earlier his year and then included the wick at the top. I have Vwap anchored to weekly and it's nice how all these level have similar confluence. We have a pennant which is neutral but it's also a bull flag as well. The flag pole gives us the extrapolation for a target above. Fib levels, vwap and 200ema etc for lower...
I am looking for a pull back to get in. This is my set up at the moment. Entry; $39.40 S/L; $41.18 TP1; $41.18 TP2; $43.85 Please always do your own search and analysis before you take any trade. Do not rely on anyone :)
On August 15th it became known that Berkshire Hathaway dumped its Verizon Communications, Inc. position and since then the stock has lost about 13.5%. While I do see this as an overall headwind for the stock it could be due for a bounce and looking over the monthly chart IF a bounce was to occur it would in the $39 area as we are about to test a very long term...
I think it's close to its bottom. There is also heavy volume in the recent months. I see it moving up in the short term, may until FEB 2023. It has reduced its debt and got rid off businesses which are not doing well. Good dividend and good for long term play.